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American Online Sports Betting Explained: Understanding Odds

Sports betting can be a bit intimidating if2. There  Are Also "Money Line" Betting Odds
you're trying to bet on sports played in a
foreign country. However, one of the bestIn addition to the point spread, you must
opportunities to profit from sports bettingalso be aware that there is a "money line"
is to place bets on American sporting events.with each game. There are only two types of
money lines -one when you bet on the
Now that the United States has passed lawsfavorite, and the other when you bet on the
making it even more difficult for Americansunderdog. These money lines work
to place bets on sporting events in their owndifferently.
country, there will be even more
opportunities for astute gamblers to win bigWhen you bet on the favorite, the money line
money betting on sports. Why? Becauseshows how much money you have to bet to come
sports betting is a competition among theout ahead by $100. If the money line is
people who participate in it. The sports-110, that means you have to bet $110 and if
books set the point spreads based on howyou win, you get your $110 back PLUS your
people are betting, not necessarily on who$100 winnings. In other words, when you see
they think will win the game. This creates-110 that shows the amount you are risking to
an opportunity for the "smart money" gamblerswin  $100.
to place high percentage bets, and to win
lots  of  money!When you're betting on the underdog, the
money line works differently. For example,
But before you can hope to do this, there areyou might see a money line at +135. When you
three important things you need to understandsee a + sign in front of the number, that
about  American  Sports  Betting:means that this bet is on the underdog. What
this represents is the amount of money you
1. You  Must  Understand  The  Betting  Oddswin if you bet $100. For example, if the
money line is +135 that means if you bet $100
Let's just stick with American Football. Theand you win your bet, you get your $100 back,
way most people bet these football games isPLUS  your  $135  winnings.
by using the pointspread, also known as the
"line" or simply as the "spread." Here's how3. Even With Point Spread Bets, There Are
this works. Say the Pittsburgh Steelers areStill  Money  Line  Odds
playing the Cleveland Browns and everybody
expects the Steelers to win easily. TheTypically when you make a bet using the point
sports books will put a "line" on the game tospread, the money line is -110. What this
try to get an equal amount of money bet onmeans is that whether you take the team
both teams. They might say the line isgetting points, or the team giving points,
Pittsburgh -7. This means that if you bet onyou still need to bet $110 just to win $100.
Pittsburgh, you have to "give" the Browns 7For example, if the Steelers are -7 and you
points. You win your bet if Pittsburgh winsbet on them, you bet $110 that the Steelers
by more than 7 points. If Pittsburgh wins bywill win by more than 7 points, and if you're
exactly 7 points, it's called a push, and youright, you get your $110 back, PLUS you're
get  your  bet  back.$100 winnings.



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